Here is a real estate development project of an oceanfront land in Santa Barbara,California.This 264.49 acres has been called several names:, The Jewel of the West ,The Jewel of The Pacific, The Jewel of California and has been ranked as one of the 4 most beautiful lands in USA.. The following brief financial study of the property along with its pictures would give the investor a clear idea about this golden opportunity. IMPORTANT: This Pacific Oceanfront piece of land was appraised in 2007 at $106 million and the appraisal has been sent to you in a previous email.. Size of the land: 264.49 acres Zoned for : 70 homes Location : Pacific Oceanfront In Santa Barbara-California Asking Price : $50Million Intro : It is known as one of the 4 most beautiful pieces of land In United State Appraised At : $ 106 million Note: It is made up of legally subdivided 6 lots yet physically it is one single lot. Although the requirement in that location is 30% of the size of this land can be a buildable area being 80 acres yet the county compelled by the environmentalists to allow only 15 % being 40 acres
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS®, Inc.
Listing information last updated on March 28th, 2023 at 12:47pm CDT.